Soitec SA provides earnings guidance for the fiscal year ending March 31, 2024, for First and Second Half and for the Fiscal Year 2025, March 31, 2025. For the period, the company expects revenue for FY?24 to decline by around 10% at constant exchange rates and perimeter

For the year 2025, the company expects revenue for FY?25 to be stable at constant exchange rates and perimeter as compared to FY?24 with a potential upside if the RF business recovers earlier, with strong seasonality effect.

For the first half, the company expects revenue to decline by around 15% year-on-year at constant exchange rates and perimeter, with especially a low point expected in Q1?25

For the second half of year 2025, the company expects revenue to rebound in H2?25, driven by the end of RF-SOI inventory correction with foundries, the strong structural growth of its SOI products, the continued adoption of POI and the start of the SmartSiCTM ramp-up in the second half of FY?25.